Report: Apple To Launch Subscription Services for Devices

As I have been saying for quite some time, even before Apple announced its recent price increases, Apple is, according to Bloomberg, getting ready to announce what amounts to a subscripton service for some Apple devices. There have been rumors of Apple offering hardware subscriptions for some time, but with the costs of hardware rising due to the consumer device RAM shortages brought about by the demand for more AI ready chips for data centers and the like, the timing seems right that we were going to see some sort of financing type arrangement for computers beyond credit cards and others that currently exist. While there are not many details in the Bloomberg report, I’m sure these will roll out eventually, but the one detail mentioned (assuming it is correct) is this: The Apple Upgrade service will work like a subscription and users can pay off the device early during their term, upgrade early to a new model or keep it at the end of the leasing period. In certain cases, those…